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Actually... it's interesting. Dyn DNS are an anycast DNS provider, and this means only local requests take a site down (routes to nearest servers), and the North American DNS is going down for them first.
What I'm saying is that most of the attack comes from within the USA.
It's a botnet, a huge one. Perhaps Mirai.
http://www.bbc.co.uk/news/technology-37728015
^ the internet is down.
Or rather a company called Dyn DNS is being attacked, and this is a big company that owns a lot of DNS records and so any company that uses them is seeing connectivity issues.
The attack appears to be aimed at Twitter (who use Dyn) and appears to be a DNS amplification. Twitter is additionally being hit directly, and someone is also going after Twitters' peering links.
That isn't in the article, this is me with not-so-inside knowledge... i.e. the tech community is all-a-chatter. Serious resources to hit someone like Twitter so hard.
It's knocked out most support desks, status pages, major sites... it's like the voice of the web is being silenced.
Pretty incredible stuff.